Can I do a short sale even though I’m going through a divorce? YES
Divorce is very common and so is having a house that you owe more on than what it is currently worth.
The only way I can help a family who is going through a divorce is if both parties are in agreement that a short sale in the their best interest.
A short sale takes place your house is worth less than the amount remaining on the mortgage, a short sale may allow you to settle your mortgage balance for less than what’s owed and relief you of any obligations of repayment.
The only deal killer is when one party is in agreement and the other is not. Unfortunately I can only assist when both parties are in agreement because both parties will need to sign the contracts and disclosures. Or if it is stipulated within the divorce decree that the properties is to be short sold.
It may be easier and I would recommend having your attorney stipulate within your divorce decree the house is to be sold by short sale just in case you run into problems down the road.
Rest assured, I can help you as long as the Divorce decree states for you to sell the property or both husband and wife are in agreement.
I’m Licensed in California to handle real estate short sales. Call me today to talk about your personal situation.
